What method do you use to evaluate property taxes for MFH?

[Chris Oligee]

What method do you use to evaluate property tax and rental property insurance when evaluating MFH? Currently we’re evaluating properties in Ohio and Michigan but our property tax and rental property insurance estimates seem high. For property tax we look up current rates using Smart Asset. For the annual property insurance we are using $1,500 per $200,000 of asking price. We identified this formula FitSmallBusiness.

[Remington Lyman]

@Chris Oligee The Franklin County Auditor has a tax calculator that allows you to plug in the new purchase price. This will give you an estimate on what your new taxes will be. This is only helpful if you are looking to purchase in Columbus, Ohio but maybe other areas have it as well.